Yes but how did they get to that MCap. You have to know the history of each company to compare like you are. Esh is starting from billions of shares and a low share price. My posts need to be taken in context and not misconstrued. I have not said that esh is not going to succeed, they might and i am not talking about other companies to attempt to compare which is dangerous as the companies you most probably are talking about are in different industries and have had a different history. At the end of the day, esh are raising a significant amount of money and what comes with that is dilution to existing shareholders and on this occasion a massive dilution. esh need to feed the market some good news and keep the news positively flowing for that $1 mark you guys have been talking about.
$1 SP = $2 Billion MCap at current levels without this raise taken into account.
ESH Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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